Ripple is taken a part in every financial market and they are not waiting for institutional adoption they are building it themselves so they can force they way into the market just like UBER did when they launched and everybody rejected them.
XLM which is interconnected to Ripple is for retail use especially in remote areas and if they were to get rejected from institutional players, they went ahead and started the process and applications to start their own bank. So if you look at it in a holistic view.
If you donβt know what Ripple is doing in the background then I suggest you do some research, they are preparing to take over, they have RLUSD for stable coins, XRP for the bridge currency for institutional use.
@XRPcryptowolf
Raoul Pal called XRP a moron trade well I Raoul Pal is a moron and should find a career that he knows something about, clearly is doesnβt know anything about XRP